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Technological learning systems, competitiveness and development
Viotti, Eduardo Baumgratz - 2015
Technology (S&T) policies, usually inspired by the so-called linear model and by neoclassical economics, are frequently …
Persistent link: https://www.econbiz.de/10012023794
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A note on automation, stagnation, and the implications of a robot tax
Gasteiger, Emanuel; Prettner, Klaus - 2017
We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While automation implies constant returns to capital within this model class (even in the absence of technological progress), we show that it does not have the potential to lead to positive...
Persistent link: https://www.econbiz.de/10011668997
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Revisiting the finance and growth nexus : a deeper look at sectors and instruments
Unger, Robert - 2019
This paper investigates empirically whether the relation between finance and growth depends on a specific type of financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on financial accounts data. It allows distinguishing between...
Persistent link: https://www.econbiz.de/10011962798
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Economic growth through worker reallocation : the role of knowledge spillovers
Mäkynen, Eero - 2021
An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...
Persistent link: https://www.econbiz.de/10012583063
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The empirics of economic growth over time and across nations : a unified growth perspective
Cervellati, Matteo; Meyerheim, Gerrit; Sunde, Uwe - 2022
capital, population, human capital, and technology. The model incorporates a complementarity between physical capital and … human capital and can be extended to a multi-country setting with international technology diffusion. The analytical … specification of cross-country growth regressions, technology spillovers, and the secular stagnation debate. …
Persistent link: https://www.econbiz.de/10014458861
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A global decline in research productivity? : evidence from China and Germany
Boeing, Philipp; Hünermund, Paul - 2020
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012239797
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Global universal basic skills : current deficits and implications for world development
Gust, Sarah; Hanushek, Eric Alan; Woessmann, Ludger - 2023
How far is the world away from ensuring that every child obtains the basic skills needed to be internationally competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional achievement tests, we map achievement onto a common...
Persistent link: https://www.econbiz.de/10014477384
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Economic growth through worker reallocation: The role of knowledge spillovers
Mäkynen, Eero - 2021
An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...
Persistent link: https://www.econbiz.de/10013394370
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Growth miracles and failures in a Markov switching classification model of growth
Kerekes, Monika - 2009
Acknowledging the fact that the growth experience of countries is seldom well described by the average growth rate, this paper aims at identifying countries that are similar in terms of their growth process, thus emphasizing the dynamics of growth rates. To that end, the growth experience of...
Persistent link: https://www.econbiz.de/10003876023
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Technological deversification
Koren, Miklós (contributor); Tenreyro, Silvana (contributor) - 2007
Persistent link: https://www.econbiz.de/10003546371